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RECALIBRATING
PRODUCT STRATEGY
Addressing Demand Shifts In Existing Markets
© 2020 Harbinger Systems | www.harbinger-systems.com
HOUSEKEEPING
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RECALIBRATING
PRODUCT STRATEGY
Addressing Demand Shifts In Existing Markets
© 2020 Harbinger Systems | www.harbinger-systems.com
PANEL INTRODUCTION
2
Subodh Bhide
Vice President - Technology
Harbinger Systems
Vibhuti Agrawal
Senior UI-UX Architect
Harbinger Systems
Jeremy Tillman
CEO & Founder
TrainUp.com & KnowledgeFlo
24
Reposition your product in
a new market
Build a new product
for an unmet need
Create more value for
existing customers
Address shift in demand
from existing customers
TYPES OF RECALIBRATION
WhatsApp for Business Amazon Web Services
Salesforce Lightening UI Paychex remote time tracking
New Market
Existing Market
Existing Products New Products
Address shift in demand
from existing customers
Create more value for
existing customers
25
Poll: Over the next two quarters, if your product or service is getting
recalibrated, where would you position it in this 2x2 chart?
Reposition your product for
a new market
Build a new product
for an unmet need
New Market
Existing Market
Existing Products New Products
Option 1 Option 2
Option 3 Option 4
NEED FOR RECALIBRATION?
Contactless service delivery to remote users
Shift in Price vs Volume matrix
Evolution of newer ecosystems – collaboration apps, robotics, AR/VR
New challenges and behaviors of remote users
6
PROCESS OF RECALIBRATION
7
2
CONSULTING FRAMEWORK- BUSINESS MODEL CANVAS
8
Cost Structure
Key Partners
Revenue Streams
Customer SegmentsValue PropositionsKey Activities
Key Resources Channels
Customer
Relationships
Integration
Strategy​
Value vs
Cost Analysis
Design Thinking Frameworks
Data Intelligence
Data
Monetization​
Customer
Journey Mapping​
Cloud
Optimization
strategy​
9
CONSULTING FRAMEWORK-
JOURNEY MAPPING
SUMMARY
11
12
RECALIBRATION JOURNEY
Need for
recalibration
Type of
recalibration
Frameworks to
define recalibration
Execute Manage Sustain
Lalit Suhas MaheshkumarSayali Vibhuti Smita PrachiUtkarsh
Strategy Technology UX Design Product Management
Thank You Q&A
Consulting@harbingergroup.com
https://harbinger-systems.com/

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Recalibrating Product Strategy - Addressing Demand Shifts in Existing Markets

  • 1. RECALIBRATING PRODUCT STRATEGY Addressing Demand Shifts In Existing Markets © 2020 Harbinger Systems | www.harbinger-systems.com
  • 2. HOUSEKEEPING 1. If you cannot hear the audio: • Ensure you have selected the right speaker for audio output. • Test your speaker to ensure it is working fine from the “Audio Settings” option on the lower left corner of your screen. • If necessary, dial in using phone. Dial-in numbers available at: https://zoom.us/u/accCHpImAk 2. All attendees will be on mute by default, please raise your hand if you have a query, or post it in the chat window 3. A recording shall be made available to all attendees within a few days 4. Questions can be posed through the Q&A panel • Moderators will try and attend to all questions during the session • Any unanswered questions during the session shall be answered via a follow-up email 5. Please select "side-by-side mode" option under "view options" settings present next to "You are viewing Subodh Bhide's screen".
  • 3. RECALIBRATING PRODUCT STRATEGY Addressing Demand Shifts In Existing Markets © 2020 Harbinger Systems | www.harbinger-systems.com
  • 4. PANEL INTRODUCTION 2 Subodh Bhide Vice President - Technology Harbinger Systems Vibhuti Agrawal Senior UI-UX Architect Harbinger Systems Jeremy Tillman CEO & Founder TrainUp.com & KnowledgeFlo
  • 5.
  • 6. 24 Reposition your product in a new market Build a new product for an unmet need Create more value for existing customers Address shift in demand from existing customers TYPES OF RECALIBRATION WhatsApp for Business Amazon Web Services Salesforce Lightening UI Paychex remote time tracking New Market Existing Market Existing Products New Products
  • 7. Address shift in demand from existing customers Create more value for existing customers 25 Poll: Over the next two quarters, if your product or service is getting recalibrated, where would you position it in this 2x2 chart? Reposition your product for a new market Build a new product for an unmet need New Market Existing Market Existing Products New Products Option 1 Option 2 Option 3 Option 4
  • 8. NEED FOR RECALIBRATION? Contactless service delivery to remote users Shift in Price vs Volume matrix Evolution of newer ecosystems – collaboration apps, robotics, AR/VR New challenges and behaviors of remote users 6
  • 10. 2 CONSULTING FRAMEWORK- BUSINESS MODEL CANVAS 8 Cost Structure Key Partners Revenue Streams Customer SegmentsValue PropositionsKey Activities Key Resources Channels Customer Relationships Integration Strategy​ Value vs Cost Analysis Design Thinking Frameworks Data Intelligence Data Monetization​ Customer Journey Mapping​ Cloud Optimization strategy​
  • 12.
  • 14. 12 RECALIBRATION JOURNEY Need for recalibration Type of recalibration Frameworks to define recalibration Execute Manage Sustain
  • 15. Lalit Suhas MaheshkumarSayali Vibhuti Smita PrachiUtkarsh Strategy Technology UX Design Product Management Thank You Q&A Consulting@harbingergroup.com https://harbinger-systems.com/

Editor's Notes

  1. Source:https://www.reddit.com/r/Nike/comments/bev6mz/the_office_nike_world_headquarters_beaverton_or/